1st ever savings plan need advise!

frenchplonka

masonic wrote: »

The 5% rate is not a limited offer, so you will get it if you meet the terms, such as registering for paperless statements and correspondence and paying in £500 per month.

sweet ty saves my hassles of trying to open loads of accounts elsewhere so I could use this to drip feed into other savings

Eco_Miser

Apart from the 6% Regular Savers, there are no better places for savings than the TSB Classic Plus.
So it's not really the account to be drip-feeding from.

frenchplonka

is that 5% UPTO £2k tho or do you only get that % once you hit 2k?

reason I ask is LBS have 3.5% on any amount I belive

Archi_Bald

It is 5% on up to £2K for the TSB Plus - refer to the T&Cs for details as you have to meet some conditions to get any interest at all.

Have you got any details on that "3.5% on any amount" account please, and who are LBS?

frenchplonka

I belive its leeds building soc

ViolaLass

Did you mean this? http://www.financemarkets.co.uk/2010/07/07/leeds-bond-offers-access-to-50-of-investment/

frenchplonka

This but I could have read it all wrong

http://www.leedsbuildingsociety.co.uk/savings/access-accounts/

colsten

frenchplonka wrote: »

This but I could have read it all wrong

http://www.leedsbuildingsociety.co.uk/savings/access-accounts/

This sounds a very complicated Regular Saver account that pays a max of 3.05% AER, and that allows a max of £250 monthly addition.

It compares incredibly badly against the 6% AER monthly savers available from FD, HSBC and M&S (taking a total of £800 a month if you have them all), the Club Lloyds monthly saver (max £400 @4%), and the Nationwide and TSB current accounts that pay 5% AER on up to £2,500 / £2,000 respectively.

This is the sum total of my contribution to this thread as the accounts I have mentioned have been around for donkey's and have been discussed on the forum for about the same length of time, and I can't help the feeling that some trolling might be going on.

edinburgher

So you must be pretty crap at poker, or surely it would feature as an income item as well as an expense? I certainly wouldn't be spending 7.5% of my income on gambling if I earned £1k/mth

frenchplonka

TBH im not the best BUT i dont drink I dont smoke and I can say 100% those two combined are MUCH more than my poker SOOOOOOOO Ill keep playing poker n u keep smoking drinking or doing whatever.